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Best Free Brokerage App in India

Upstox

Best for Beginners, Free Account Opening, & Saves from high brokerage fees.

best free brokerage app in india

You are looking to find the best free brokerage app in India in 2025 but you are lost in a pool of options and promises? Zero-brokerage model and the technology-based characteristics have taken over the industry and Indian investors have never had a greater choice and more confusion! This comprehensive list removes all the chatter, relying on the most reliable sources and the newest 2025 data on brokers to highlight the best free brokerage apps and make you feel confident about your choice of the platform.

As an amateur investor who is venturing into the mutual funds world or an aggressive trader in equity, F&O, or IPOs, we have in this review been able to cover usability, fees and most important features that even in a summary form are not covered anywhere. Our team is comprised of the best financial registries and review websites of India. So what are we waiting for? Let us find out why Upstox deserves making it to the top in the list of the best free-trading apps in India.

Top Free Brokerage Apps in India in 2025

1. Upstox – India’s Top-Rated Free Brokerage App

Best Free Brokerage App in India : TheShareBrokers

Why Choose Upstox?

In 2025, Upstox is ahead of the crowd thanks to its combination of zero-cost mutual fund investments, low flat fees, searing-fast user interface, and tight security provided by the SEBI regulation. More than 1.3 crore (13 million) users rely on Upstox because of its transparency, ease of use, and cutting edge innovation in the market- the platform has just released massive upgrades to the system to make trading even easier.

Upstox Main Characteristics:

Opening and maintenance of Account: Free demat account and trading account and completely digital onboarding.

Brokerage:

  • Equity delivery & mutual funds: 0 (zero brokerage).
  • Equity intraday/F&O/commodities/currency: Rs 20 per executed order or 0.05 per cent, whichever is less.
  • Margin and leverage: 4x on delivery of equity, 5x on intraday delivery of equity.
  • Supported Segments: Stocks, Futures, Options, Commodity, Currencies, Mutual Funds, Bonds, IPO, ETF & NPS.
  • Order Execution: Innovative order types, such as GTT, trailing stop-loss and 20-leg basket orders.
  • Research Tools: a 6-point investment checklist, real-time analytics, Chart360, and TradingView.
  • Security: registered by SEBI, end-to-end data encryption and regulated by RBI partner.
  • Other Features: Automation and algos trading are available with free API access; customer support is fast and qualified.

2025-Upstox Exclusive: Plus Plan pro trader- provides TBT order information, one tap trade from advanced charts, demand/supply depth (top 20 levels of the order book).

2. Zerodha Kite

Best Free Brokerage App in India : TheShareBrokers

Why Choose Zerodha Kite?

Regarded for pioneering discount brokerage in India, Zerodha’s Kite app boasts unmatched reliability, high liquidity, and an ecosystem tailored to both beginners and pros. With over 7.5 million active users and a 17.5% market share on NSE (as of May 2024), Kite continues to dominate Indian trading circles.

Key Features

  • Zero brokerage on equity delivery.
  • Low flat fee of Rs 20 per order for intraday & F&O.
  • Extensive X-ray analytics and seamless API integration.
  • Easy-to-use interface and advanced charting.
  • Widest reach across NSE, BSE, and commodities markets.

3. Groww

Groww Review, Stock Trading, Demat, Brokerage Charge

Why Choose Groww?

Favored for its modern, minimalist design and smooth onboarding, Groww stands out as India’s most downloaded trading app in 2025, leading by client count. It appeals especially to millennials investing in stocks and mutual funds.

Key Features

  • Zero account opening charges.
  • Free equity delivery; Rs 20 flat brokerage for F&O.
  • Extensive “one-app” access to stocks, mutual funds, gold, and more.
  • Top-rated for simplicity and mobile speed.

4. Angel One (Super App)

Best Free Brokerage App in India : TheShareBrokers

Why Choose Angel One?

Angel One’s Super App brings full-service features with tech-driven cost savings. Advanced AI insights, thematic investing options, and competitive pricing make it a versatile pick for both rookies and high-frequency traders.

Key Features

  • Free account opening, zero brokerage on delivery.
  • Advanced technical analysis tools.
  • Personalized recommendations and wide asset coverage.

5. 5paisa

5Paisa Review | Margin, Demat, Brokerage Charges (updated)

Why Choose 5paisa?

5paisa appeals to cost-conscious investors, blending ultra-low brokerage fees with a comprehensive suite of products, including international stocks, mutual funds, and insurance.

Key Features

  • Flat Rs 20 per order for all trades.
  • Zero paperwork account opening.
  • Simple interface with real-time stock data and instant fund transfers.
  • Mutual funds, SIPs starting at just Rs 100.

6. Shoonya by Finvasia

Best Free Brokerage App in India : TheShareBrokers

Why Choose Shoonya?

Shoonya puts commission-free investing at the center, offering zero brokerage across delivery, IPOs, bonds, and mutual funds—ideal for small investors and frequent traders looking to minimize costs.

Key Features

  • Zero brokerage on all delivery trades.
  • No account or clearing fees.
  • Hassle-free payouts and 24×7 support.

Comparison Table – Best Free Brokerage Apps in India (2025)

Broker/AppBrokerage (Equity Delivery)Other ChargesKey Features & USPActive Clients (2025)
Upstox₹0₹20/order F&O/IntradayChart360, One-tap trades, 13Mn+ users, Plus Plan13 Million+
Zerodha₹0₹20/order Intraday/F&OLargest NSE market share, best-in-class charts7.5 Million+
Groww₹0₹20/order F&OEasiest onboarding, leading by active clientsData as per 2025
Angel One₹0₹20/order Intraday/F&OAI-driven advice, thematic portfoliosTop 5 (by clients)
5paisa₹0₹20/order all segmentsAll-in-one, MF platform, international stocksTop 10
Shoonya₹0Zero on delivery, other minimal0 brokerage all segments, free Demat1,65,164+

How to Choose the Top Free Brokerage App in India

Analyze the following before signing up on your free account:

  • Pricing Model: Is it really zero brokerage or it is on a few segments only
  • Opening Accounts and AMC: Free or annual?
  • Equities vs F&O, mutual funds, IPOs, bonds.
  • Reliability of the platform: App and web availability, live feeds and immediate processing of orders.
  • Research Tools: Depth of charting, analytics and advisory services
  • Security & SEBI Registration: The funds safety is an essential regulatory concern.
  • Customer Service: Fast, multi-Channel support builds credibility.
  • User Reviews & Experience: Stability of rating the apps and client feedback.
  • Other features: Access to API, educational materials, complex orders.

Frequently Asked Questions (FAQs)

1. Is Upstox free to invest?

Yes. Upstox does not levy any brokerage on mutual funds and equity delivery. Intraday and F&O trade is charged flat Rs 20/ order.

2. What is the lowest fees trading app of 2025?

On deliveries and some segments, Shoonya provides actual zero brokerage. Zerodha and Upstox are the lowest capped fee active segments.

3. What is the speed of opening a demat account with Upstox?

The process of digital KYC and starting to invest takes minutes.

4. Is Upstox safe to keep money?

Yes. Upstox is SEBI registered and collaborates with only RBI regulated service providers, thus being completely compliant and safe.

5. Do such apps have hidden fees?

The leading apps, such as Upstox, Zerodha, and Groww, declare all the fees. Official fee schedule should always be consulted to know costs associated with accounts.

6. Are these apps easy to use by beginners?

Each of the listed apps will be beginner-friendly, aimed at education and intuitive interface, although, in particular, Groww and Upstox seem to be the most beginner-friendly of them.

7. Are such platforms good to invest in an IPO?

Yes. On Upstox, Groww, etc. IPO applications can be made at the tap of a finger.

8. What platform suits the advanced traders?

Other traders are inclined to use Upstox (Chart360, advanced orders) or Zerodha (premium charting, liquidity).

9. Does the customer support respond?

Upstox and Angel one are reported to offer fast telephonic and online assistance.

10. Does Upstox offer SIP and mutual funds?

Indeed, as low as 100 rupees a month.

Conclusion: Why Upstox is the Best Free Brokerage App in India

A powerful, affordable and secure platform is a must to invest or trade intelligently in India dynamic capital markets. In 2025, Upstox is not only a free brokerage leader, but also an innovator – providing next-gen trading capabilities, high-powered research, and value unmatched by any other brokerage to all types of investors.

Are you just about ready to control your financial future? Register Your Upstox account and have the best of digital investing!

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